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Whales buy 380M XRP to defend $1 floor amid rare bullish signal and potential breakout.

Market News
09 Aug 2026
UToday
View Source
Bullish
Whales buy 380M XRP to defend $1 floor amid rare bullish signal and potential breakout.

Large XRP holders, known as whales, have purchased over 380 million XRP in a week to maintain the $1 price floor. This move follows a rare monthly buy signal from the Tom DeMark Sequential indicator, which historically predicted major XRP rallies. The key resistance to watch is $1.06, where a breakout could lead XRP toward $1.35 and $1.64. Despite regulatory uncertainties and market challenges, whale accumulation suggests confidence in a potential price surge ahead.

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